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$250,000 Contingent
Property Description
Estate sale opportunity. This investor friendly property offers a functional layout and attached one car garage. The home is in need of updating, making it the perfect chance to renovate and customize. Enjoy the large open backyard space. Conveniently located near parks, schools, shopping, dining, and major expressways. A fantastic opportunity for investors or owner occupants ready to bring their vision to life. Rentals allowed. No cap. Property sold strictly "AS IS.
Full Property Details
Full Property Details for 880 Colony Lake Dr
General
- Price: $250,000
- HOA FEE: $185/month
- Taxes: $3,062 (2024)
- Status: Contingent
- Type: Townhouse
- Source: MRED
- MLS ID: 12643778
- Updated: 6/12/2026
- Added to Site: 6 day(s) ago
Interior
- Basement: None
- Interior Features: Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Park
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Asphalt, Yes, Garage Owned, Attached, Garage
Location
- Area: Schaumburg
- County: Cook
- Township: Schaumburg
- Driving Directions: GOLF RD W OF HIGGINS TO SALEM, THEN S TO COLONY LAKE
School Information
- School District: 54
- Elem School District: 54
- Midd School District: 54
- High School District: 211
- Elementary School: Hoover Math & Science Academy
- Middle School: Eisenhower Junior High School
- High School: Hoffman Estates High School
- Private School: Hoffman Estates High School
Community
- Assoc. Fees Include: Insurance, Exterior Maintenance, Lawn Care, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: McGill Management
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Townhouse (2-Story)
- Construction: Aluminum Siding, Brick
- Exterior Const.: Aluminum Siding, Brick
- Basement Desc.: None
- Windows: Blinds
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 1,422
- Sq. Ft. Source: Assessor
- Year Built: 1978
Unit Information
- Units in Building: 2
Lot Features
- Lot Dimensions: 9536
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $185
- Assoc Fee Freq.: Monthly
- Assessment Year: 1978
- Tax Amount: $3,062.92
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 7161060500000
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Schools
Schools serving 880 Colony Lake Dr
School Districts:Schaumburg Community Consolidated School District 54, Township High School District 211
| Name | Grades | Distance |
|---|---|---|
Hoover Math And Science Academy 315 North Springinsguth Road, Schaumburg, IL 60194 | K-6 | 1 mi |
Lincoln Prairie School 500 Hillcrest Boulevard, Hoffman Estates, IL 60169 | K-8 | 1.5 mi |
Dwight D Eisenhower Junior High School 800 Hassell Road, Hoffman Estates, IL 60169 | 7-8 | 1.5 mi |
Hoffman Estates High School 1100 West Higgins Road, Hoffman Estates, IL 60169 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 880 Colony Lake Dr
Date
Details
Price
Change
Source
6/10/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 880 Colony Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,967
—
$26,000
13%
2023
$2,967
—
$22,999
—
2022
$2,969
-13%
$22,999
33%
2021
$3,427
-19%
$17,302
—
2020
$4,230
—
$17,302
-10%
2019
$4,234
-10%
$19,225
1%
2018
$4,710
1%
$19,129
—
2017
$4,653
1%
$19,129
—
2016
$4,594
10%
$19,129
15%
2015
$4,185
1%
$16,612
—
2014
$4,155
3%
$16,612
—
2013
$4,031
11%
$16,612
2%
2012
$3,636
—
$16,261
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 880 Colony Lake Dr
880 Colony Lake Drive, Schaumburg, IL 60194 (MLS# 12643778) is a Townhouse property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 880 Colony Lake Drive is currently listed for $250,000 and was received on June 10, 2026. Want to learn more about 880 Colony Lake Drive? Do you have questions about finding other Townhouse real estate for sale in Schaumburg? You can browse all Schaumburg real estate or contact a Coldwell Banker agent to request more information.
